Big 5 Stock Forecast - Accumulation Distribution

BGFV
 Stock
  

USD 11.82  0.22  1.83%   

Big 5 Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Big 5 historical stock prices and determine the direction of Big 5 Sporting's future trends based on various well-known forecasting models. However, solely looking at the historical price movement is usually misleading. Macroaxis recommends to always use this module together with analysis of Big 5 historical fundamentals such as revenue growth or operating cash flow patterns. Although Big 5 naive historical forecasting may sometimes provide an important future outlook for the firm we recommend to always cross-verify it against solid analysis of Big 5 Sporting systematic risk associated with finding meaningful patterns of Big 5 fundamentals over time.
Continue to Historical Fundamental Analysis of Big 5 to cross-verify your projections.
  
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Big 5 Inventory Turnover is fairly stable at the moment as compared to the past year. Big 5 reported Inventory Turnover of 2.26 in 2021. Accounts Payable Turnover is likely to climb to 9.23 in 2022, whereas PPandE Turnover is likely to drop 12.21 in 2022. . Big 5 Weighted Average Shares is fairly stable at the moment as compared to the past year. Big 5 reported Weighted Average Shares of 21.67 Million in 2021. Weighted Average Shares Diluted is likely to climb to about 23.2 M in 2022, whereas Issuance Purchase of Equity Shares is likely to drop (6.9 M) in 2022.

Open Interest Agains t 2022-07-15 Big 5 Option Contracts

Although open interest is a measure utilized in the options markets, it could be used to forecast Big 5's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest Big 5's options reflect these daily shifts, investors could use the patterns of these changes to develop long and short trading strategies Big 5 stock based on available contracts left at the end of a trading day.
Please note, to derive more accurate forecasting about market movement from the current Big 5's open interest, investors have to compare it to Big 5's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of Big 5 is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in Big 5. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
On March 9, 2022 Big 5 Sporting had Accumulation Distribution of 55641.88.
Most investors in Big 5 cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the Big 5's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Big 5's price structures and extracts relationships that further increase the generated results' accuracy.
The accumulation distribution (A/D) indicator shows the degree to which Big 5 is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of Big 5 Sporting to determine if accumulation or reduction is taking place in the market. This value is adjusted by Big 5 trading volume to give more weight to distributions with higher volume over lower volume.

Big 5 Sporting Current Investor Sentiment

Investor biases related to Big 5's public news can be used to forecast risks associated with investment in Big 5. The trend in average sentiment can be used to explain how an investor holding Big 5 can time the market purely based on public headlines and social activities around Big 5 Sporting. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
Big 5's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Big 5's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Big 5's news discussions. The higher the estimate score, the more favorable is the investor's outlook on Big 5.
  Previous Accumulation DistributionAccumulation DistributionTrend
108983.055641.88
Check Big 5 VolatilityBacktest Big 5Trend Details  

Big 5 Trading Date Momentum

On March 10 2022 Big 5 Sporting was traded for  15.95  at the closing time. The top price for the day was 16.33  and the lowest listed price was  15.56 . The trading volume for the day was 513.6 K. The trading history from March 10, 2022 was a factor to the next trading day price increase. The overall trading delta against the next closing price was 0.50% . The overall trading delta against the current closing price is 0.25% .
Accumulation distribution indicator can signal that a trend is either nearing completion, at a continuation, or is about to break-outs. The actual value of this indicator is of no significance. What is significant is the change in value of over time. The formula for A/D of a given trading day can be expressed as follow: ((Close - Low) - (High - Close)) / (High - Low) X Volume
Compare Big 5 to competition

Other Forecasting Options for Big 5

For every potential investor in Big 5, whether a beginner or expert, Big 5's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Big 5 Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Big 5. Basic forecasting techniques help filter out the noise by identifying Big 5's price trends.

View Currently Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Big 5 stock to make a market-neutral strategy. Peer analysis of Big 5 could also be used in its relative valuation, which is a method of valuing Big 5 by comparing valuation metrics with similar companies.

Big 5 Sporting Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Big 5's price movements, , a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Big 5's current price.

Big 5 Market Strength Events

Market strength indicators help investors to evaluate how Big 5 stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Big 5 shares will generate the highest return on investment. By undertsting and applying Big 5 stock market strength indicators, traders can identify Big 5 Sporting entry and exit signals to maximize returns.

Big 5 Risk Indicators

The analysis of Big 5's basic risk indicators is one of the essential steps in helping accuretelly forecast its future price. The process involves identifying the amount of risk involved in Big 5's investment and either accepting that risk or mitigating it. Along with some funamental techniques of forecasting Big 5 stock price, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential stock investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Big 5 Investors Sentiment

The influence of Big 5's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Big 5. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.

Big 5 Implied Volatility

    
  72.93  
Big 5's implied volatility exposes the market's sentiment of Big 5 Sporting stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Big 5's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Big 5 stock will not fluctuate a lot when Big 5's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Big 5 in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Big 5's short interest history, or implied volatility extrapolated from Big 5 options trading.

Current Sentiment - BGFV

Big 5 Sporting Investor Sentiment

Most of Macroaxis users are currently bullish on Big 5 Sporting. What is your opinion about investing in Big 5 Sporting? Are you bullish or bearish?
Bullish
Bearish
98% Bullish
2% Bearish

Pair Trading with Big 5

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Big 5 position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Big 5 will appreciate offsetting losses from the drop in the long position's value.

Big 5 Pair Correlation

Correlation Analysis For Direct Indexing and Tax-loss Harvesting

The ability to find closely correlated positions to Big 5 could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Big 5 when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Big 5 - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Big 5 Sporting to buy it.
The correlation of Big 5 is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Big 5 moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Big 5 Sporting moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Big 5 can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Continue to Historical Fundamental Analysis of Big 5 to cross-verify your projections. Note that the Big 5 Sporting information on this page should be used as a complementary analysis to other Big 5's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.

Complementary Tools for Big 5 Stock analysis

When running Big 5 Sporting price analysis, check to measure Big 5's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Big 5 is operating at the current time. Most of Big 5's value examination focuses on studying past and present price action to predict the probability of Big 5's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Big 5's price. Additionally, you may evaluate how the addition of Big 5 to your portfolios can decrease your overall portfolio volatility.
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Is Big 5's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Big 5. If investors know Big 5 will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Big 5 listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
-0.57
Market Capitalization
268.8 M
Quarterly Revenue Growth YOY
-0.11
Return On Assets
0.1
Return On Equity
0.35
The market value of Big 5 Sporting is measured differently than its book value, which is the value of Big 5 that is recorded on the company's balance sheet. Investors also form their own opinion of Big 5's value that differs from its market value or its book value, called intrinsic value, which is Big 5's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Big 5's market value can be influenced by many factors that don't directly affect Big 5's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Big 5's value and its price as these two are different measures arrived at by different means. Investors typically determine Big 5 value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Big 5's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.